Form 4: Insider Sells Shares in First Interstate Bancsystem

Jonathan R. Scott and associated entities reported the sale of 9,390 shares of common stock in First Interstate Bancsystem Inc. (FIBK) on June 18, 2026.

Summary

• Jonathan R. Scott, a director and 10% owner of First Interstate Bancsystem Inc. (FIBK), along with several trusts and an LLC associated with him, reported a transaction on June 18, 2026.
• The transaction involved the disposition of 9,390 shares of common stock.
• The shares were sold at a weighted average price of $36.11, with individual sales ranging from $36.00 to $36.33.
• Following these transactions, the reporting persons collectively beneficially own 852,738 shares of common stock, with ownership being indirect.
• The filing indicates that the reporting persons may be considered a group due to certain agreements, but they disclaim beneficial ownership except to the extent of their pecuniary interest.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing neutrally as it represents a standard disclosure of insider stock sales without additional context on the reasons or future implications.

Negatives

• Insider selling activity, particularly by a director and significant owner, can sometimes be perceived negatively by the market, although the reasons for the sale are not specified in this filing.

Risks

• The filing does not explicitly mention any risks or future challenges.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing.

Management Comments

• The reporting person undertakes to provide to First Interstate Bancsystem, Inc., any security holder of First Interstate Bancsystem, Inc., or the staff of the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
• Each of the reporting persons disclaims beneficial ownership of any such securities, except to the extent of its pecuniary interest therein.
• The reporting persons expect to file future Forms 4 and 5, if any, together with Jonathan R. Scott with the indication of direct or indirect ownership in Table I and Table II being made from Jonathan R. Scott's perspective.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. The sale of shares by a director and significant owner in a banking institution like First Interstate Bancsystem Inc. is a common event, but the scale and timing can be interpreted by the market.

Related Party Transactions

• The filing notes that the reporting persons may be deemed members of a group due to certain agreements entered into by and among the reporting persons, the Issuer, and certain other stockholders. However, they disclaim beneficial ownership except to the extent of their pecuniary interest.

Stakeholder Impact

• Shareholders: May interpret insider selling as a signal, though the reasons are not provided. The sale of 9,390 shares is a relatively small portion of the total beneficial ownership reported.

Next Steps

• The reporting persons expect to file future Forms 4 and 5 as necessary.

Key Dates

Keywords

Form 4, Insider Trading, SEC Filing, First Interstate Bancsystem, FIBK, Stock Sale, Beneficial Ownership, Director, 10% Owner